Feb 7, 2013 7:00am PST
to the torino games. >>> a mega merge ser about to take off. mandy drury is here with what's moving your money. cnbc reporting this, a deal between american and us airways pretty close to being done. >> that's absolutely right, chris. and as american airlines and us airways, which by the way is the parent close to reaching a merger agreement in a deal that would create the world's largest airline which is possibly going to be an announcement of the deal in the next couple of weeks. now, the talk here is, chris, that an all stock deal between those two air carriers would be executed as a reorganization plan that takes amr out of chapter 11 bankruptcy protection and the combined company would be worth apparently more than $10 billion. so as we say, we could be getting that finalization of an announcement in the next couple of weeks. we'll have to watch out. >> is another story i know you've been watching, "jansing & co." meets at 5:30 in the morning. i'm going to say we're not always completely awake, but people's eyes bugged open this morning when we heard about this milestone for apple itunes.
Feb 15, 2013 7:00am PST
. >>> the tax man cometh. there is a new movement to tax internet shopping. mandy drury is here. they seem to become united on stopping the tax-free shopping. they want the cash. >> absolutely. critics on both sides of the aisle have introduced legislation that could force retailers to collect sales taxes in order to end the handicappeds on the brick and mortar stores. it would allow taxes on transactions from within the state so long as the online business has more than $1 million in annual domestic sales. on the flipside, as you can imagine, some tech companies have spoken out and argued that an online sales tax like that would stunt the growth of online retail and some republicans have even said it's basically a tax increase. we'll have to see how it goes and it's quite significant for stocks like amazon. >> and speaking of shopping, that iconic blue box from tiffany's, tiffany's suing costco because of knock-often gaugeme off engagement rings? >> yes. not just recently but apparently for many years. the lawsuit will seek exactly how many rings costco sold and the source of the jewelry
Feb 20, 2013 7:00am PST
theft. cnbc's mandy drury is here with the details in what's moving your money. this story is getting a lot of traction. >> it is, the obama administration does need to get serious about this. it really is increasing evidence of a campaign not just like one offs but a campaign of cyber stealing and, you're right, it has been linked to the chinese government. they are looking to develop a more aggressive response which could include -- we're talking about the theft of u.s. government data and corporate trade secrets, it could include new measures like fines and other trade actions against apple has confirmed that had has been a victim of the widest known cyber attack on the computers and try to down play the consequences and say no important data was stolen. as yet the full extent of the breach is not entirely clear. what we do no, hackers infected mac computers of apple employees with malicious software that has been designed to attack mac computers and reps for apple say they are working with law enforcement officers to try and find hackers that again they believe could be from china